Tag: regulations
News related to cryptocurrency regulations in different countries.
Coinbase CEO Criticizes US Crypto Regulation
Reading Time: < 1 minute Coinbase CEO Brian Armstrong has said that a tough approach to regulating the cryptocurrency industry is holding back its development.
Huobi Receives Green Light to Operate in the Virgin Islands
Reading Time: < 1 minute The British Virgin Islands Financial Services Commission has granted Huobi Group a license to operate a virtual asset trading platform.
SEC Chairman Supports Power Transfer on Crypto to CFTC
Reading Time: < 1 minute The SEC Chairman Gary Gensler plans to support the US Congress granting additional powers to regulate the crypto market to the CFTC.
UK FCA Warns Investors Against Crypto Influencers
Reading Time: < 1 minute The FCA, the UK’s financial regulator, has recently warned investors about the risks of financial advice from influencers promoting crypto and forex trading.
Dubai Regulator Launches New Crypto Advertising Rules
Reading Time: < 1 minute The Dubai Virtual Assets Regulatory Authority has recently published new rules governing the advertising and promotion of cryptocurrencies.
Gary Gensler Says SEC is Developing Ways to Register Digital Assets as Securities
Reading Time: < 1 minute The SEC is working on ways to register some digital assets as securities. He has said:
Central Bank of Philippines is Against Crypto Ban
Reading Time: < 1 minute The governor of the Central Bank of the Philippines (BSP) has said the regulator has no plans to ban digital assets.
US Senator Elizabeth Warren Calls for Tighter Regulation of Cryptos
Reading Time: < 1 minute Elizabeth Warren has said that the Congress and the SEC should take a tougher stance on the cryptocurrency industry.
The EU Will Finalize Bill on Crypto Regulation This Month
Reading Time: < 1 minute The European Parliament, the European Commission and the Council of the EU will hold a final meeting on the cryptocurrency regulation bill MiCA on June 30.
FCA Urges to Take Into Account TerraUSD Collapse When Working on Regulation
Reading Time: < 1 minute The UK Financial Conduct Authority (FCA) should “take into account” the recent volatility in the cryptocurrency market as it works on the regulatory framework for the industry.
Australia Plans to Tighten Control Over Crypto Taxes Payments
Reading Time: < 1 minute The Australian Taxation Office (ATO) has listed cryptocurrencies and NFTs as a key focus for 2022.
ECB Calls for Global Crypto Regulation
Reading Time: < 1 minute Cryptocurrencies are a global phenomenon, so a coordinated effort is needed to regulate them.
Crypto Exchange Gemini Says Crypto Industry Regulation Has Benefits
Reading Time: < 1 minute Gemini COO Noah Perlman has said that the regulation of the cryptocurrency market legitimizes the industry.
FCA Extends Registration Deadlines for Some Crypto Companies
Reading Time: < 1 minute The FCA has decided to meet the business halfway and shifted the registration deadlines.
Indian Parliament Passes Crypto Tax Policy Framework
Reading Time: < 1 minute The tax base for cryptocurrencies, which was introduced by Indian Finance Minister Nirmala Sitharaman, will become law in the country after being passed as an amendment to the current Finance Act.
The Bank of England is Developing a Regulatory Framework for the Crypto Market
Reading Time: < 1 minute The UK’s financial regulator has said that the growth of the crypto market without proper regulation can create risks to financial stability.
Dubai Unveils New Virtual Assets Regulator
Reading Time: < 1 minute Dubai has recently unveiled a new agency that will be responsible for regulating virtual assets.
The SEC May Soon Consider the Regulation of Non-fungible Tokens
Reading Time: < 1 minute The SEC has started work to determine the eligibility of NFTs as securities as well as the application of relevant legislation to them.
China Tights Punishments for Crypto Fundraising
Reading Time: < 1 minute The Supreme People’s Court of the People’s Republic of China has recently amended the legal norms on illegal attraction of funds, toughening criminal liability.
Brazilian Senators Plan to Consider Bill on Crypto Regulation
Reading Time: < 1 minute The Brazilian Parliament plans to consider a bill to regulate the relations between holders of digital assets.
Italy Unveils Law to Combat Criminal Use of Cryptocurrencies
Reading Time: < 1 minute Last week, the Italian authorities published a law aimed at combatting money laundering through digital currencies in the country.
Kazakhstan Wants to Raise Taxes on Crypto Mining
Reading Time: < 1 minute The President of Kazakhstan has instructed at a government meeting to increase the tax on crypto mining and identify all mining farms.
FDIC Says Crypto Adoption Poses Risks to Financial System
Reading Time: < 1 minute The FDIC acting chairman Martin Gruenberg has said cryptos and the assessment of the risks associated with them have been among the top priorities in the work of the FDIC for this year.
Russian Authorities May Receive 1 Trillion Rubles Per Year From Crypto Taxation
Reading Time: < 1 minute The Russian authorities have estimated they will be able to receive up to 1 trillion rubles annually in taxes from participants in the crypto market.
The White House Intends to Speed Up the Development of Crypto Regulation
Reading Time: < 1 minute The administration of US President Joe Biden plans to instruct federal agencies to analyze digital assets and prepare the appropriate regulatory framework to ensure national security interests.
